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SuryaJyoti Life Insurance Company Holds Dividend for FY 2079/80 and Unveils Merger Details 3
Dividend

SuryaJyoti Life Insurance Company Holds Dividend for FY 2079/80 and Unveils Merger Details

SuryaJyoti Life Insurance Company Limited (SJLIC) recently announced its decision to refrain from distributing dividends for the Fiscal Year 2079/80. This resolution emerged from discussions during the Board of Directors’ meeting held on Falgun 10, 2080, where comprehensive financial details of the fiscal year were deliberated. A notable development mentioned in the announcement is the

Nepal's Cement and Clinker Exports Surge: Rs. 2.6 Arba in Seven Months; Magh Records Rs. 29 Crores 7
Business | Market | Economy

Nepal’s Cement and Clinker Exports Surge: Rs. 2.6 Arba in Seven Months; Magh Records Rs. 29 Crores

The Department of Customs has reported a significant increase in cement and clinker exports from Nepal to India, totaling Rs. 2.6 Arba during the first seven months of the current fiscal year (from Shrawan to Magh). This represents a notable 168% rise compared to the previous fiscal year’s exports of Rs. 77.93 crores. Leading this

Ghalemdi Hydro's 200% Rights & Miteri Bank's 9.50% Bonus Shares Listed on NEPSE 9
Business | Market | Economy, NEPSE NEWS

Ghalemdi Hydro’s 200% Rights & Miteri Bank’s 9.50% Bonus Shares Listed on NEPSE

  NEPSE has listed 1,10,00,000 units of right shares for Ghalemdi Hydro Limited (GHL). Previously, GHL issued a 1:2 ratio right share, totaling the same number of units, from 10th Mangsir to 16th Poush, 2080. However, only 77,82,276 units were taken up by eligible shareholders, leaving 32,17,724 units unsubscribed. These remaining shares were auctioned off

Nepal Stock Exchange Report: Index Dips 0.31%, Himalayan Reinsurance Leads Turnover, Mixed Performances in Sectors 15
NEPSE NEWS

Nepal Stock Exchange Report: Index Dips 0.31%, Himalayan Reinsurance Leads Turnover, Mixed Performances in Sectors

The Nepal Stock Exchange (NEPSE) Index registered a decline of 6.46 points or 0.31% compared to the previous day’s closing, settling at 2,026.59 points, following a loss of 1.76 points in the preceding trading session. As today’s trading commenced, the market opened with the index at 2,034.39 points, achieving an intraday high of 2,044.44 and

Nepal's 7-Month Trade Snapshot: Imports Dip 2.31%, Trade Deficit Narrows 1.77%, Exports Down 7.07% 17
Business | Market | Economy

Nepal’s 7-Month Trade Snapshot: Imports Dip 2.31%, Trade Deficit Narrows 1.77%, Exports Down 7.07%

In the initial seven months of the current fiscal year, spanning from Shrawan to Magh in the Nepali calendar, Nepal’s imports reached Rs. 8.97 Kharba, indicating a slight decrease of 2.31% compared to the corresponding period in the previous year, where imports totaled Rs. 9.19 Kharba. During this period, the trade deficit has also witnessed

Promoter Share Auction: Nepal Reinsurance Company Units on Bid by Leading Companies 23
Business | Market | Economy

Promoter Share Auction: Nepal Reinsurance Company Units on Bid by Leading Companies

IGI Prudential Insurance Limited, Global IME Capital Limited, Hathway Investment Nepal Limited, and IME Limited are conducting auctions for the promoter shares of Nepal Reinsurance Company Limited (NRIC). The total units for auction include 20,00,000 for IGI Prudential Insurance Limited, 1,87,434 for Global IME Capital Limited, 6,50,000 for Hathway Investment Nepal Limited, and 7,50,000 for

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